Venus Metals Corporation Ltd IP Survey commences to test extensions to high-grade zinc mineralisation
Tuesday, May 16, 2017
Venus Metals Corporation Ltd (ASX:VMC) are pleased to announce the Induced Polarisation (IP) Survey has commenced, identifying high-grade zinc mineralization across two highly prospective areas.

HIGHLIGHTS

- Induced Polarisation (IP) has proven to be an effective geophysical tool at Pincher Well in identifying high-grade Zinc mineralisation.

- IP surveys have commenced in two highly prospective areas:

A) Southern extensions of High-Grade Zinc intersected in recent RC drilling at Pincher, North Dome. Results include:

VPW40 10m @ 7.31% Zinc from 52 m
- including 6m @ 9.5% Zinc from 55 m
VPW60 7m @ 4.2% Zinc from 87 m
VPW62 10m @ 5.1% Zinc from 68 m
(refer ASX release 27 April 2017)

B) Surrounding historical drillhole PW017 (located on a substantially untested 900m x 400m long aeromagnetic high anomaly), which intersected High-Grade Zinc:

PW17 2.5 m @ 24.30% Zinc & 0.08% Copper from 87.5m
including 0.5m @ 45% Zinc from 89m[1]

- The IP survey includes a number of east-west survey lines (1.5-2km long @100-200m spacing) across the strike length of the two geophysical anomalies (Figure 1, see link below).

- Following the completion of IP survey, a close spaced ground magnetic survey is planned for the North Dome area, to be followed up with drilling.

- The Pincher Well Volcanogenic Massive Sulphide Trend covers more than 5 kilometres of strike and hosts a number of known zinc and copper prospects

For more information, please visit: http://www.venusmetals.com.au

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